1ST BARRY SEA SCOUT GROUP
Scout group
Financial health, per its FY2024 accounts
The accounts state that the charity's bank balances were in excess of its reserves policy target at the end of the financial year. The trustees report that the group holds sufficient resources to continue activities should income fall short, with no funds materially in deficit. The group relies on volunteers and maintains a low-risk cash investment strategy.
What the accounts disclose
“The Group is primarily reliant upon income from subscriptions and fundraising.”
“The Group Trustee Boardconsiders that the group should hold a sum equivalent to 12 months running costs.”
Trustees
- Fatima Eileen Salhabchair
- Alexandra Sutton
- Luca Howels
- Neil Horbury
- Richard James
- Rizik Joseph Salhab
- Sarah Jane Horbury
- Victoria Louise Simpkins
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £43k | £43k |
| 31/12/2023 | £47k | £54k |
| 31/12/2022 | £36k | £45k |
| 31/12/2021 | £29k | £27k |
| 31/12/2020 | £46k | £42k |
Common questions
Is 1ST BARRY SEA SCOUT GROUP financially healthy?
Per its FY2024 accounts: The accounts state that the charity's bank balances were in excess of its reserves policy target at the end of the financial year. The trustees report that the group holds sufficient resources to continue activities should income fall short, with no funds materially in deficit. The group relies on volunteers and maintains a low-risk cash investment strategy. Its FY2024 accounts were independently examined.